Robinhood Takes Equity Stakes in Crypto.com and OG.com in Multi-Year Prediction Markets Deal
Robinhood is taking minority stakes in Crypto.com and its spinoff OG.com while routing event contracts through OG.com's CFTC-regulated infrastructure.
Why it matters
The deal deepens Robinhood's push into prediction markets, which it has described as its fastest-growing product line by revenue, and gives it direct equity exposure to the infrastructure powering that business. It also positions OG.com as a major infrastructure provider in the prediction markets space, competing alongside Kalshi and Polymarket.
Key facts
Robinhood is taking minority equity stakes in both Crypto.com and OG.com as part of a multi-year deal.
Reported by Bankless
OG.com was valued at $5 billion following a spin-off from Crypto.com.
5,000,000,000 USDReported by Bankless
Citadel Securities invested $400 million in Crypto.com Group in July at a $20 billion valuation.
400,000,000 USDReported by The Defiant
Robinhood's equity stakes are priced in line with the Citadel Securities investment valuations.
Reported by CryptoPotato
CRO token rose from $0.057 to a weekly peak near $0.063 following the announcement.
0.063 USDReported by CryptoPotato
Robinhood's premarket shares climbed roughly 3.4% to around $126 on the news.
126 USDReported by Decrypt
Robinhood users have traded more than 16 billion event contracts in 2026 as of early June.
16,000,000,000 contractsReported by Bankless
What happened
Robinhood has entered a multi-year partnership with Crypto.com and its newly spun-off prediction market platform OG.com, under which Robinhood will receive minority equity stakes in both entities. The deal, announced Tuesday, will see Robinhood route retail event contracts through OG.com's Commodity Futures Trading Commission-regulated derivatives exchange and clearinghouse, with rollout beginning immediately for eligible US customers. The equity stakes are priced at valuations established by Citadel Securities' earlier investment in Crypto.com Group, which valued the broader entity at $20 billion, while OG.com's standalone valuation was set at $5 billion. Neither company disclosed the size of Robinhood's stakes or the purchase price. Robinhood CEO Vlad Tenev's company already routes prediction market contracts to Kalshi, ForecastEx, and Rothera, a joint venture with Susquehanna International Group. Crypto.com CEO Kris Marszalek said the company plans to expand OG.com beyond prediction markets into futures and perpetual contracts.
How the story developed
- Update
Rollout begins for eligible US customers
The partnership rollout begins on September 8 for eligible US customers, starting with football event contracts.
- First report
First report by CryptoPotato
CRO Rockets as Robinhood Takes Stakes in Crypto.com and OG.com
- Update
Robinhood and Crypto.com announce multi-year partnership with equity stakes
Robinhood announced it will route event contracts through OG.com and take minority stakes in both Crypto.com and OG.com.
- Independent corroboration
Independently corroborated by Bankless
Robinhood Takes Stakes in Crypto.com, OG.com
- Update
OG.com launched as standalone prediction market platform
Crypto.com launched OG.com through its Derivatives North America subsidiary on February 3, 2026.
- Update
Citadel Securities invests $400 million in Crypto.com Group
Citadel Securities put $400 million into Crypto.com at a $20 billion group valuation in July.
How coverage built up
Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.
- 8 Sept 2026, 13:22 UTC: CryptoPotato — 1 independent source, 1 reports
- 8 Sept 2026, 14:29 UTC: Bankless — 2 independent sources, 2 reports
- 8 Sept 2026, 14:50 UTC: BTC-ECHO — 3 independent sources, 3 reports
- 8 Sept 2026, 15:01 UTC: The Defiant — 4 independent sources, 4 reports
- 8 Sept 2026, 15:25 UTC: Decrypt — 5 independent sources, 5 reports
- 8 Sept 2026, 17:03 UTC: Cointelegraph — 6 independent sources, 6 reports
Affected entities
Also mentioned: Federal Reserve
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| CryptoPotato Crypto media | CRO Rockets as Robinhood Takes Stakes in Crypto.com and OG.com | Original | |
| Decrypt Crypto media | Robinhood Takes Equity Stake in Crypto.com, Taps Exchange to Power Prediction Markets | Independent | |
| Cointelegraph Crypto media | Robinhood takes stakes in Crypto.com, OG.com in prediction markets deal | Independent | |
| The Defiant Crypto media | Robinhood Takes Stakes In Crypto.com And OG.com, Routes Football Contracts To Their Exchange | Independent | |
| Bankless Crypto media | Robinhood Takes Stakes in Crypto.com, OG.com | Independent | |
| BTC-ECHO Crypto media | Robinhood beteiligt sich an Crypto.com und OG.com | Independent |
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